WCLD vs. NTSX
WCLD (WisdomTree Cloud Computing Fund) and NTSX (WisdomTree U.S. Efficient Core Fund) are both exchange-traded funds - WCLD is a Technology Equities fund tracking the BVP Nasdaq Emerging Cloud Index, while NTSX is a Diversified Portfolio fund actively managed by WisdomTree. WCLD is passively managed, while NTSX is actively managed. Over the past 5 years, WCLD returned -8.91%/yr vs 8.57%/yr for NTSX. A 0.64 correlation means they provide meaningful diversification when combined. WCLD charges 0.45%/yr vs 0.20%/yr for NTSX.
Performance
WCLD vs. NTSX - Performance Comparison
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Returns By Period
In the year-to-date period, WCLD achieves a -1.20% return, which is significantly lower than NTSX's 8.18% return.
WCLD
- 1D
- 2.16%
- 1M
- 13.00%
- 6M
- -0.14%
- YTD
- -1.20%
- 1Y
- -0.35%
- 3Y*
- 1.37%
- 5Y*
- -8.91%
- 10Y*
- —
NTSX
- 1D
- -0.49%
- 1M
- 0.84%
- 6M
- 6.13%
- YTD
- 8.18%
- 1Y
- 20.75%
- 3Y*
- 17.57%
- 5Y*
- 8.57%
- 10Y*
- —
WCLD vs. NTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WCLD WisdomTree Cloud Computing Fund | -1.20% | -6.69% | 7.35% | 39.35% | -51.64% | -3.21% | 109.71% | 0.84% |
NTSX WisdomTree U.S. Efficient Core Fund | 8.18% | 18.82% | 20.20% | 22.70% | -25.84% | 22.21% | 24.87% | 6.57% |
Correlation
The correlation between WCLD and NTSX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2019 | 0.64 |
Over the past year, the correlation between WCLD and NTSX has dropped to 0.40 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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Return for Risk
WCLD vs. NTSX — Risk / Return Rank
WCLD
NTSX
WCLD vs. NTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and WisdomTree U.S. Efficient Core Fund (NTSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WCLD | NTSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.29 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 2.27 | -2.28 |
| Martin ratioReturn relative to average drawdown | -0.02 | 9.55 | -9.57 |
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Drawdowns
WCLD vs. NTSX - Drawdown Comparison
The maximum WCLD drawdown since its inception was -64.90%, which is greater than NTSX's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for WCLD and NTSX.
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Drawdown Indicators
| WCLD | NTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.90% | -31.34% | -33.56% |
Max Drawdown (1Y)Largest decline over 1 year | -34.68% | -9.16% | -25.52% |
Max Drawdown (3Y)Largest decline over 3 years | -42.06% | -16.82% | -25.24% |
Max Drawdown (5Y)Largest decline over 5 years | -64.90% | -31.34% | -33.56% |
Current DrawdownCurrent decline from peak | -47.05% | -1.45% | -45.60% |
Average DrawdownAverage peak-to-trough decline | -35.77% | -6.73% | -29.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.42% | 2.18% | +13.24% |
Volatility
WCLD vs. NTSX - Volatility Comparison
WisdomTree Cloud Computing Fund (WCLD) has a higher volatility of 9.75% compared to WisdomTree U.S. Efficient Core Fund (NTSX) at 4.04%. This indicates that WCLD's price experiences larger fluctuations and is considered to be riskier than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WCLD | NTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.75% | 4.04% | +5.71% |
Volatility (6M)Calculated over the trailing 6-month period | 31.29% | 10.58% | +20.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.98% | 12.98% | +23.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.65% | 17.18% | +20.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.42% | 18.25% | +19.17% |
WCLD vs. NTSX - Expense Ratio Comparison
WCLD has a 0.45% expense ratio, which is higher than NTSX's 0.20% expense ratio.
Dividends
WCLD vs. NTSX - Dividend Comparison
WCLD has not paid dividends to shareholders, while NTSX's dividend yield for the trailing twelve months is around 1.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NTSX WisdomTree U.S. Efficient Core Fund | 1.09% | 1.14% | 1.14% | 1.21% | 1.36% | 0.82% | 0.92% | 1.42% | 0.62% |
WCLD WisdomTree Cloud Computing Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WCLD and NTSX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WCLD has higher volatility (9.75%) compared to NTSX (4.04%). In terms of maximum drawdown, WCLD dropped -64.90% vs NTSX's -31.34%.
On 5-year performance, NTSX leads with 8.57% vs -8.91% for WCLD. On fees, NTSX is cheaper at 0.20% per year. On volatility, NTSX has been the lower-risk option at 4.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NTSX has performed better with a 8.57% return vs -8.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NTSX is cheaper with a 0.20% expense ratio, compared with 0.45% for WCLD.
NTSX has the higher dividend yield at 1.09%, compared with 0.00% for WCLD.
WCLD is categorized as Technology Equities, while NTSX is Diversified Portfolio. Their fees differ too: 0.45% for WCLD and 0.20% for NTSX.
NTSX currently has the higher Sharpe Ratio (1.61 vs -0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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